Marigold Hardware Store Inc. completed the following merchandising transactions in the month of May 2025. At the beginning of May, Marigold's ledger showed Cash of $8,200 and Common Shares of $8,200.

May	1		Purchased merchandise on account from Hilton Wholesale Supply for $8,200, terms 2/10, n/30.
	2		Sold merchandise on account for $4,400, terms n/30. The cost of the merchandise sold was $3,500.
	5		Received credit from Hilton Wholesale Supply for merchandise returned $250.
	9		Received collections in full from customers billed on May 2.
	10		Paid Hilton Wholesale Supply in full, less discount.
	11		Purchased supplies for cash $880.
	12		Purchased merchandise for cash $2,650.
	15		Received $290 refund for return of poor-quality merchandise from supplier on cash purchase.
	17		Purchased merchandise from Northern Distributors for $2,450, terms 2/10, n/30.
	19		Paid freight on May 17 purchase $290.
	24		Sold merchandise for cash $5,200. The cost of the merchandise sold was $4,100.
	25		Purchased merchandise from Toolware Inc. for $780, terms 3/10, n/30.
	27		Paid Northern Distributors in full, less discount.
	29		Made refunds to cash customers for returned merchandise $118. The returned merchandise was returned to inventory and had cost $90.
	31		Sold merchandise on account for $1,200, terms n/30. The cost of the merchandise sold was $900.

Marigold Hardware uses a perpetual inventory system and expects a return rate of 3% on all sales.

Post the transactions to T accounts. Post entries in the order of journal entries presented in the question. Create the accounts specifically for these ones: cash, accounts receivable, inventory, estimated inventory returns, supplies, accounts payable, refund liability, common shares, sales, cost of goods sold. Please and thank you!